Xunlei Ltd (XNET)
NASDAQ:XNET
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Earnings Data
Report Date
Aug 18, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
11.52Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of strong operational and revenue momentum—total revenue +54.1% YoY, subscription +26.2%, and live streaming +89.3%—together with improved operating profitability and stronger cash balances. However, substantial non-operating headwinds (a $195.1M net other loss tied to fair value changes) produced a large reported net loss (-$192.4M) and a $3.06 loss per ADS, and there are outstanding legal and regulatory risks (Hupu litigation and potential 1940 Act implications). Given robust underlying business growth and non-GAAP profitability improvements offset by major non-cash investment losses and lingering risks, the overall tone is balanced and mixed.Company Guidance
Strong Total Revenue Growth
Total revenue of $98.6M in Q1 2026, up 54.1% year-over-year, driven by consumer-focused businesses.
Subscription Business Growth
Subscription revenue reached $45.0M, a 26.2% year-over-year increase; management cited record premium user uptake and expanded distribution through device and platform partnerships.
Rapid Expansion in Overseas Live Streaming
Live streaming and other services generated $53.6M, up 89.3% year-over-year, with strong traction in Southeast Asia and the Middle East and noted high user engagement and monetization improvements.
Improved Gross Profit
Gross profit rose to $57.7M, up 45.1% year-over-year, reflecting revenue strength across core businesses.
Operating Profitability Turnaround
Operating income was $4.3M in Q1 2026 compared with an operating loss of $1.0M in Q1 2025, indicating improved operating performance after restructuring and focus on To C operations.
Non-GAAP Profitability Improvement
Non-GAAP net income from continuing operations increased to $4.1M from $0.9M year-over-year; non-GAAP diluted EPS from continuing operations increased to $0.07 from $0.02.
Stronger Cash Position
Cash, cash equivalents and short-term investments totaled $303.6M as of March 31, 2026, up from $283.5M at year-end 2025, aided by positive operating cash flows and proceeds from disposal of a 50% stake in Shenzhen Onething.
Strategic Restructuring and Focus
Completed corporate restructuring (cloud computing deconsolidated; Shenzhen Onething disposed), with stated strategic clarity and refocus on higher-potential To C consumer businesses and overseas expansion.
XNET Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
XNET Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 28, 2026 | $5.53 | $5.93 | +7.23% |
Mar 12, 2026 | $6.04 | $6.56 | +8.61% |
Nov 13, 2025 | $7.98 | $7.80 | -2.26% |
Aug 14, 2025 | $4.48 | $5.05 | +12.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Xunlei Ltd (XNET) report earnings?
Xunlei Ltd (XNET) is schdueled to report earning on Aug 18, 2026, Before Open (Confirmed).
What is Xunlei Ltd (XNET) earnings time?
Xunlei Ltd (XNET) earnings time is at Aug 18, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is XNET EPS forecast?
Currently, no data Available